Mphasis Resistance and Support
Pivot 2108
Time Period:
Resistance
First Resistance
2140.8
Second Resistance
2166.5
Third Resistance
2199.3
Support
First Support
2082.3
Second Support
2049.5
Third Support
2023.8
Mphasis Resistance and Support Summary
According to the latest Pivot data, Mphasis’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹2108, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹2140.8, ₹2166.5, and ₹2199.3, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹2082.3, ₹2049.5, and ₹2023.8, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Mphasis’s price movement.
